Market Views: Top bond strategies in play as rate cuts loom

Central banks, notably the US Federal Reserve, are expected to lower interest rates from their current elevated levels in the second half of this year, which will inevitably affect fixed income markets. Asset owners will need to reassess their tactical and strategic allocations to the asset class. For Asia-Pacific investors, evaluating currency hedging strategies will also be important, as shifting rates could impact relative currency valuations, determining the attractiveness o…